By and and  on April 21, 2009

With retailers still suffering from excessive inventories, the spring cleaning has begun.

Coming off the nightmare of fall’s early and aggressive markdowns, the first spring price cuts are already budding, particularly in the luxury tier and women’s categories where the cadence of deliveries is quicker than men’s wear. Last week alone, Bergdorf Goodman advertised up to 40 percent off on its contemporary floor and Yves Saint Laurent sent an e-mail invitation to a select group of U.S. press to receive 50 percent off ready-to-wear and 30 percent off accessories today and Wednesday.

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